Kathmandu : Nepal can achieve growth rates of at least 7 to 8 percent that is imperative to become a middle income country by 2030 only if it shifts its remittance-led and consumption-based growth to one that is investment and productivity driven, according to the World Bank Group. Releasing the Nepal Development Update (NDU), a […]
Kathmandu – Climate Activists from various organisations and constituencies in Nepal demonstrated at Maitighar Mandala, demanding a fossil-fuel free future, on Friday – the first day of the Global Day of Action for Climate Finance and a Fossil-Fuel Free Future. This, mostly a solidarity action, is part of a bigger picture globally and in Asia, […]
Kathmandu, Aug 27: Nepal and Oman have reached an understanding to sign a labor agreement aimed at increasing the number of Nepali workers employed in Oman. The agreement was discussed today during a bilateral meeting between Nepal’s Foreign Minister, Dr. Arzu Rana Deuba, and Oman’s visiting Foreign Minister, Sayyid Badr bin Hamad bin Hamood Albusaidi. […]
London, May 20, 2024 – A special ceremony was held today at the British Prime Minister’s Office, 10 Downing Street, marking the centenary of the Treaty of Friendship between Nepal and the United Kingdom, signed in 1923. British Prime Minister Rishi Sunak praised the enduring contributions of the British Gurkhas to the strong bilateral ties […]
Kathmandu – In a landmark event strengthening diplomatic ties between Nepal and Qatar, the Emir of the State of Qatar, Sheikh Tamim bin Hamad Al Thani, has embarked on a two-day state visit to Nepal, responding to the cordial invitation extended by President Ram Chandra Paudel. The visit commenced with the Qatari Emir’s arrival in […]
Kathmandu, April 3rd: Nepal’s economic landscape for Fiscal Year 2024 remains characterized by a delicate balance between inflationary pressures and growth prospects, according to the latest Nepal Development Update unveiled by the World Bank on Tuesday. Inflation and Growth Projections: The report forecasts consumer price inflation to remain high at 6.7 percent in FY24, close […]
Kathmandu — In a significant upheaval within the global tea market, Chinese tea buyers are wielding influence over the trade dynamics between Nepal and India, leading to repercussions for the renowned Darjeeling tea industry. The conflict arises from the infiltration of counterfeit Darjeeling tea into the market, facilitated by the influx of cheaper Nepalese tea. […]
Kathmandu – A delegation of high-level investors from the United Kingdom is gearing up to participate in an upcoming investment conference scheduled to be held in Kathmandu in May. This significant development was conveyed by British Ambassador to Nepal, Rob Fenn, during a meeting with Finance Minister Barshman Pun “Ananta” on Thursday. Ambassador Fenn commended […]
Jagan Karki, London– The Nepal Embassy in London organized a two-day interactive session on February 24 and 25, bringing together Nepali professionals residing in the UK and senior officials, academics and private sector leaders from Nepal. The hybrid event aimed to foster collaboration, discuss opportunities for investment, and address various challenges faced by the Nepali […]
KATHMANDU, Nepal – 100 days after a 6.4 magnitude earthquake struck western Nepal on 3 November 2023, UNICEF is calling for continued support for 68,000 children and their families in the affected areas and appealing for US$14.7 million in funding to help rebuild the lives of the affected children. The earthquake, with its epicentre in […]
Kathmandu — Fusemachines, a global AI company founded by Nepali entrepreneur Dr Sameer Maskey, is set to make history as the first Nepali-origin company to be listed on the prestigious US stock exchange NASDAQ. The announcement comes after the company signed a definitive agreement for business combination with CSLM Acquisition Corp, a special purpose acquisition […]
Plymouth, England – The Britain-Nepal Chamber of Commerce (BNCC) brought together business leaders and entrepreneurs in the region at the “South West England-Nepal Business Growth Summit”, fostering a dynamic environment for dialogue and collaboration to promote trade relations between the two nations. Biraj Bhatta, Vice Chairman of the BNCC, outlined the chamber’s strategic priorities and […]
London – British investors have said that Nepal is underselling itself while trying to attract foreign direct investment. Addressing a conference entitled “Emerging Nepal: Opportunities for impact investment and trade” at the Mansion House in London on Tuesday, Tim Gocher, founder and CEO of Dolma Impact Fund, said that Nepal is underselling itself. “Nepal does […]
Beijing, September 26 – In a historic diplomatic development, the People’s Republic of China and Nepal have released a comprehensive joint statement highlighting the deepening ties between the two nations. This momentous occasion followed extensive talks between the Prime Ministers of both countries during the official visit of Prime Minister Pushpa Kamal Dahal to China. […]
London – On the occasion of the National Day of Nepal, a Special Ceremony was organised at the Embassy premises on Wednesday. In his welcome remarks, Ambassador of Nepal to the UK, Gyan Chandra Acharya highlighted the importance of the current Constitution, its salient features and the foreign policy of Nepal. Sharing the progress made […]
Delhi – Government officials, tech entrepreneurs and members of academia have urged Nepal and India to bolster bilateral cooperation in the information technology (IT) sector. Addressing the event titled “Strengthening Nepal-India Bilateral Tech Relations” on Monday, Ambassador of Nepal to India, Dr Shankar P Sharma, said that there were a lot of advantage for Indian […]
